MQ Market Updates - 2 December 2024
MQ Market Updates - 2 December 2024
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Yinson Holdings Bhd (YINSON) has secured a US$416 million contract with Murphy Oil Corp's unit in Vietnam for a floating storage and offloading (FSO) vessel through its joint venture with PetroVietnam Technical Service Corp (PTSC). This contract includes the provision, charter, operation, and maintenance of the FSO vessel for the Lac Da Vang project.
Sime Darby Property Bhd (SIMEPROP) has entered a 20-year lease agreement with Pearl Computing Malaysia Sdn Bhd to develop data centre facilities, valued at RM5.6 billion, starting in 2027.
Xin Hwa Holdings Bhd (XINHWA) announced a shortened suspension of its subsidiary's goods vehicle operator licence to Jan 12, 2025, leading to a drop in its share price despite the positive news.
T7 Global Bhd (T7GLOBAL) has won a contract from Jadestone Energy for maintenance and construction services.
CIMB Securities has raised profit forecasts for Petronas Dagangan Bhd (PETDAG) due to expected increases in jet fuel sales.
Source: NST, TheEdge, TheStar
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